Randstad,Inc -Refer to Randstad,Inc

Randstad,Inc. Information from the financial statements is provided below:
$\begin{array}{ll}& \underline{ 2015 }& \underline { 2014 }\\\text { Net income } & \$ 150,000 & \$ 120,000 \\\text { Cash dividends paid on preferred stock } &15,000 & 15,000 \\\text { Cash dividends paid on common stock } &42,000 & 38,000 \\\text { Average number of preferred shares outstanding } &20,000 & 20,000 \\\text { Average number of common shares outstanding } &105,000 & 95,000 \\\text { Market price per share of common stock at year-end } &25.10 & 22.70\end{array}$
-Refer to Randstad,Inc.The dividend payout ratio for 2015 is

A) 10%
B) 28%
C) 32%
D) 38%